Yes, you did look at the wrong object.
It is a known bug at Microsoft.
After waiting for more that 72h it stills got the same problem. By the way - I made a small script that would sent me a msg when the problem was solved. Maybe you can use it to monitor the state.
Connect-MsolService -Credential $MyCredential
DO
{
$status = (Get-MsolCompanyInformation).directorysynchronizationstatus
$status
Start-Sleep -s 300
} while ($status -eq "PendingDisabled")
$secpasswd = ConvertTo-SecureString "PASSWORD" -AsPlainText -Force
$cred = New-Object System.Management.Automation.PSCredential ("Loginaccount", $secpasswd)
Send-MailMessage -SmtpServer 'smtp.office365.com' -Credential $cred -UseSsl -From 'NAME <e-mail>' -To 'NAME <e-mail>' -Subject 'Finished' -Body 'You can start installing again'
In my case after 72h the problem was not solved. I needed to create a ticked at Microsoft. The problem then was solved within an hour and the script did sent me a mail.
They told me it was a known bug.
I hope this will help you.
Rob